Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: Unemployment rate declined to 5.4 percent in May with participation rate declining by 0.1 percent, and employment increasing by 12,000.
- China: Fixed asset investments declined to 6.1 percent y/y. Industrial production up 6.8 percent y/y. Retail sales down to 8.5 percent y/y.
- Japan: Industrial production up 2.6 percent y/y.
Upcoming:
- Germany: CPI inflation report will be released at 6:00 GMT.
- France: Inflation report will be released at 6:45 GMT.
- United Kingdom: May retail sales report will be released at 8:30 GMT.
- Eurozone: ECB will announce interest rate decision at 11:45 GMT, followed by the press conference at 12:30 GMT.
- United States: Retail sales report will be released at 12:30 GMT, along with terms of trade report and weekly jobless claims report. EIA will release the weekly natural gas report at 14:30 GMT.
- Canada: New house price report will be released at 12:30 GMT.
- New Zealand: Business PMI report will be released at 22:30 GMT.
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